MarketWatch (February 17)
2026/ 02/ 19 by jd in Global News
“A trillion-euro market” is arising as Europe wakes up to the end of “the post-Cold War international order with its security bargain.” The result could be “a bond market powerhouse that threatens U.S. Treasurys.” Europe now looks to be moving toward “a Eurobond market exceeding €1 trillion. This includes approximately €650 billion from the coronavirus era, €95 billion for Ukraine and several hundred billion euros from new defense facilities and national borrowing enabled by fiscal exemptions.”
Tags: €1 trillion, Cold war, Coronavirus, Defense facilities, Eurobond market, Europe, Exemptions, International order, Powerhouse, Security, Treasurys, U.S., Ukraine
